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  • Loan is for purchase of existing bar/restaurant. Two partners with experience in restaurant management and operations. Prime location as business is only one its type in the immediate area. Placed along busy road that connects several communities.Need $135,000 (80% of the asking price) for the property; have financed 20% down payment with existing owners. Must use the business/building as collateral. Purchase price includes liquor license. - General Manager, Agriculture, Galien, MI
  • I am looking at a commercial proprety to purchase be used as a banquet facility and catering services.the proprety is about 7000 sq. ft. and is ideal for this type of business.I am a local caterer in town with a small facility and looking to expand.I have been in this busuness for nearly 10 years. - CEO/President/Owner, Restaurant, Lansing, MI
  • Property is adjacent to newest Lansing, MI retail center with apraised value of $1.1 million. Present mortgage is $462,000. Want to increase mortgage to $537,000 (using $75,000 to pave parking, add retention pond, complete landscaping and retire $35,000 installment loan. - Partner/Principal, Retail, Lansing, MI
  • Loan is for the purchase and development of a two acre site that will include ground work, parking lot and a 12,000sqft building (10,000 is retail floor space) to house an ACE hardware store. They have seen the location and are interested in proceding with the project. - CEO/President/Owner, Retail, Houghton, MI
  • An on going relationship, plan on Building 10 towers in 2006, all leases are Guaranted by Major Cell Phone companies. - CEO/President/Owner, Construction/General Contracting, Tawas City, MI
  • I would like to put the mortgage on the building and the balance of business land contract into one note - Partner/Principal, Retail, Gaylord, MI
  • The loan will be secured by the existing healthy business, Brighton NC Machine Corporation. - CEO/President/Owner, Manufacturing, Brighton, MI
  • would like a real moorgage and pay off credit cards - Partner/Principal, Other Business Services, Mikado, MI
  • need a line of equity approx.100,000 - Sales/Business Development, Financial Services, Bloomfield hills, MI

Michigan (MI) Commercial Mortgages

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